Ares Commercial Real Estate
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Ares Commercial Real Estate's balance sheet done over the years? Its assets were worth $2,279,777,000 last year, which is less than in the previous period. 73% of Ares Commercial Real Estate’s total assets is currently financed by debt. Its liabilities reached the amount of $1,653,928,000, which means an decrease by -7% compared compared to last year.
Debt to Assets
| 2014 | 1867653000 | 1.38B | 74.25% |
|---|---|---|---|
| 2015 | 1378982000 | 922.49M | 66.9% |
| 2016 | 1373703000 | 944.03M | 68.72% |
| 2017 | 1770219000 | 1.35B | 76.32% |
| 2018 | 1603324000 | 1.17B | 73.46% |
| 2019 | 1784134000 | 1.35B | 76.1% |
| 2020 | 1929497000 | 1.45B | 75.49% |
| 2021 | 2631838000 | 1.95B | 74.21% |
| 2022 | 2523002000 | 1.77B | 70.37% |
| 2023 | 2279777000 | 1.65B | 72.55% |
ACRE Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 110.45M | 141.27M | 50.61M | 74.77M | 5.25M | 11.08M | 28.34M | 47.27M | 8.99M | 16.55M |
Short term investments | 28.06M | 27.93M | 2.97M | 0 | 0 | 0 | 0 | 0 | 0 | 3.19M |
Net receivables | 35.69M | 132.47M | 131.18M | 7.48M | 42.41M | 52.42M | 945K | 203K | 38.30M | 1.46B |
Inventory | 0 | -6.56M | -2.97M | 1 | 1 | 1.22M | 1.32M | 578K | 1 | -3.19M |
Other current assets | 0 | -144.25M | -53.20M | -75.85M | -6.94M | -12.31M | 0 | -47.84M | 0 | 0 |
Total current assets | 146.15M | 2.56B | 181.79M | 82.26M | 47.66M | 52.42M | 945K | 203K | 38.30M | 21.79M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 83.28M | 0 | 36.60M | 37.28M | 37.90M | 0 | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61.8M | 58.88M |
Long term investments | 28.06M | 27.93M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 7.35M | -2.52B | -2.63B | -1.92B | -1.78B | 1.60B | 0 | 1.37B | 1.30B | 1.80B |
Total non-current assets | 118.69M | 27.93M | 36.60M | 37.28M | 37.90M | 1.60B | 1.77B | 1.37B | 1.37B | 1.86B |
Total assets | 2.27B | 2.52B | 2.63B | 1.92B | 1.78B | 1.60B | 1.77B | 1.37B | 1.37B | 1.86B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | -48.89M | -10.76M | 0 | -61.40M | -10.11M |
Short term debt | 0 | 705.23M | 819.39M | 651.42M | 560.50M | 36.28M | 744.50M | 578.54M | 280.5M | 524.36M |
Total current liabilities | 24.61M | 104.46M | 819.96M | 651.81M | 561.22M | 541K | 744.92M | 578.54M | 305.60M | 524.86M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.56B | 1.03B | 1.08B | 675.49M | 607.03M | 379.08M | 1.33B | 149.87M | 324.10M | 590.64M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 64.55M | 639.66M | -1.08B | -675.49M | -607.03M | 798.65M | -1.33B | 794.15M | -324.10M | -590.64M |
Total non-current liabilities | 1.62B | 1.67B | 1.08B | 675.49M | 607.03M | 1.17B | 1.35B | 944.03M | 922.49M | 1.38B |
Total liabilities | 1.65B | 1.77B | 1.95B | 1.45B | 1.35B | 1.17B | 1.35B | 944.03M | 922.49M | 1.38B |
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